FBR analyst Dan Ives explains why thinks Apple is heading to a $1 trillion valuation within 12 months. Apple heading to $1 trillion in a calendar year: Analyst.
WASHINGTON: US consumer prices increased for a second straight month in March on rising petrol and shelter costs, a sign of some inflation that should keep the Federal Reserve on course to start raising interest rates this year.
WASHINGTON (AP) - Financial officials from the world's major economies on Friday welcomed modest improvements in the global economy while side-stepping fears rattling global financial markets that Greece will default on its bailout loans.
General Electric Co. GE -0.11 % 's first-quarter earnings report showed that CEO Jeff Immelt's strategy to exit banking and refocus on its industrial operations will still leave the company with a tough row to hoe.
Teva Pharmaceutical Industries Ltd (ADR) (NYSE:TEVA) is believed to be in deliberations on a takeover bid for acquiring Mylan NV (NASDAQ:MYL), according to private sources within the company.